The compound interest (In ₹) on ₹ $5,000$ for $3$ years at $10 \%$ per cent will amount to
The compound interest (In ₹) on ₹ $5,000$ for $3$ years at $10 \%$ per cent will amount to
- A
$1654$
- B
$1655$
- C
$1600$
- D
$1565$
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A bank offers $5 \%$ compound interest calculated on half-yearly basis. A customer deposits $Rs. 1600$ each on $1^{st}$ January and $1^{st}$ July of a year. At the end of the year, the amount (In $Rs.$) he would have gained by way of interest is
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